Zurich Financial Services is considering a possible approach for Friends Provident, according to rep...
Zurich Financial Services is considering a possible approach for Friends Provident, according to reports. Zurich is among several parties that has been looking at Friends after insurer Pearl began building a stake in Resolution last week, according to the FT. The news comes after Morley Fund Management, which holds a miniority stake in Resolution, met with directors of the life company on Monday. Earlier David Lis, head of UK Equities at Morley, said: "We have an open mind at this stage as to what represents the best way forward for Resolution shareholders."
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